For sale

Price cut: $24K (3/10)

$725,000

1531 Sage Rd, Montrose, CO 81403

2beds

2,708sqft

Est.:

Single Family Residence

Built in 2001

40 Acres Lot

$695,200 Zestimate^®

$268/sqft

$-- HOA

What's special

Upgrading bathroomsHigh ceilingsUpgrades to the kitchenTall windows

This three bed, two bath home with loft space sits on a 40 acre parcel that has been significantly cleared for aesthetics and fire mitigation. High ceilings and tall windows allow for expansive views toward the Sneffels and San Juan Ranges, and provide significant solar gain during the winter months. A recent partial remodel included adding walls to create bedrooms and upgrading bathrooms, new paint on all interior living spaces, upgrades to the kitchen, and more. A large heated enclosed garage provides plenty of room for at least 2 cars and other toys. 24 hours notice required to schedule showings as there are currently tenants in the home. See what's been done and where a new owner could make additional improvements to create additional value in this property.

152 days

1,876

77

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Radiant Floor, Other See Feature

Appliances

Included: Dishwasher, Disposal, Dryer, Refrigerator, Washer

Features

Lofts: One
Has fireplace: No

Interior area

Total structure area: 2,708
Total interior livable area: 2,708 sqft

Property

Parking

Total spaces: 5
Parking features: 2 Car Garage
Garage spaces: 2
Has uncovered spaces: Yes
Details: Covered Parking: 2 Car

Lot

Size: 40 Acres
Features: Rural

Details

Parcel number: R003161
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood (Natural)
Foundation: Slab
Roof: Metal

Condition

21 - 40 Years
New construction: No
Year built: 2001
Major remodel year: 2025

Utilities & green energy

Electric: Power Company
Gas: Propane Services
Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Montrose

Financial & listing details

Price per square foot: $268/sqft
Tax assessed value: $654,320
Annual tax amount: $2,051
Date on market: 10/16/2025

Estimated market value

$695,200

$660,000 - $730,000

$3,089/mo

Price history

Date	Event	Price
3/10/2026	Price change	$725,000-3.2%$268/sqft
Source: TRIDEMLS #44006 Report a problem
2/5/2026	Price change	$749,000-3.4%$277/sqft
Source: CREN #829298 Report a problem
10/16/2025	Listed for sale	$775,000+40.9%$286/sqft
Source: TRIDEMLS #44006 Report a problem
12/19/2024	Sold	$550,000-21.4%$203/sqft
Source: CREN #818401 Report a problem
9/30/2024	Listed for sale	$700,000$258/sqft
Source: CREN #818401 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,067 +0.8%	$40,900 +1.4%
2024	$2,051 +16.1%	$40,320 -11.7%
2023	$1,766 -0.3%	$45,640 +44%
2022	$1,772 +24.1%	$31,700 -2.8%
2021	$1,428	$32,620 +13.3%
2020	$1,428 +35%	$28,800 -0.7%
2019	$1,058 +0.5%	$29,000 +39.8%
2018	$1,053	$20,740
2017	--	$20,740 -13%
2016	--	$23,850
2015	--	$23,850 +1.6%
2012	--	$23,480